Hong Kong Short Selling Ratio (grey bars) spiked to a record high (orange arrow) over the past few days, and a spike is usually followed by a market rally. 360miq.com/market?data=HKEX#tab-2
Posts published by “360MiQ”
Despite being bounded by the light blue uptrend line, Orient Overseas (0316.HK) is still firmly above MA50, the orange up-channel bottom, and the yellow trading range top. As long as…
HSI rebounded 1.1% (+252 pts), closed at 23802 points, rose 1.7% (+404 pts) for the month, is testing MA50 (23810 pts). Among the 150 largest-cap stocks, 99 (66%) closed higher,…
SP/ASX 200 slightly retreated -0.2% (-16.4 pts), closed at 6972 points, fell -6.4% (-473 pts) for the month. Among the 150 largest-cap stocks, 99 (66%) closed higher, 92 of them…
HSI fell below the middle of the black down-channel, the yellow gap, MA20, and MA50. It needs to recover all these in the next few days in order to continue…
Apple (AAPL) bounced off the orange horizontal support, breaking through the light blue channel/wedge top. It is now testing MA20 and MA50. The correction is stabilized as long as the…
SP/TSX rose 1% (+198 pts), closed at 20742 points, the best % gain in 1 month, rose 0.6% (+121 pts) for the week. Among the 150 largest-cap stocks, 113 (75%)…
Nasdaq 100 largely rebounded 3.2% (+452 pts), closed at 14455 points, the best % gain in more than 10 months, rose 0.1% (+17 pts) for the week. Among the 150…
HKEX (0388.HK) turned down from the orange downtrend line and MA250. Should it fail the blue volume-by-price bottom, the next major support would be the purple line at around $375.…
HSI fell -1.1% (-257 pts), closed at 23550 points, fell -5.7% (-1416 pts) for the week after a 5-week winning streak. Among the 150 largest-cap stocks, 24 (16%) closed higher.…